Experts attribute the slow offtake under the scheme to high inflation and rise in cost of living
The chief minister noted that welfare pensions, which are currently at Rs 3,000 per month, will be raised to Rs 3,250 from January 2028 and subsequently to Rs 3,500 from January 2029
Amount subscribers get on retirement is determined on how early they joined the scheme and the contribution amount
Nearly 83% of the subscribers are in the lowest slab of Rs 1,000 pension, because the monthly contribution for it is low and it goes "unnoticed" by the beneficiaries, Jairam Ramesh said
NPS is an excellent product for retirement planning, provided you stay put till maturity
Providing Rs 1,500 monthly to women was one of the 10 "guarantees" given by the ruling Congress in Himachal Pradesh ahead of the Assembly polls
A recent study suggests a withdrawal rate of 3-3.5%, but financial advisors suggest erring on the side of caution
A large number of government employees in Nagaland took to the streets on Friday, demanding scrapping of the new pension scheme' and restoration of the earlier system
The present guidelines are to streamline the claims process, as many times a member has multiple accounts and the contributed amount varies, causing trouble during the calculation of the amount
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Bharatiya Mazdoor Sangh and its affiliated federations and unions have opposed NPS, labelling it a non-guaranteed, market-based contributory pension scheme
The employees have been disappointed with the Maharashtra government for not fulfilling their demand for the OPS, which provides an assured and reliable source of income post-retirement
NMOPS swings for the fences as it attempts to hit a home run with a non-negotiable demand: restore the earlier pension scheme with fixed returns
The protesters said that the party which promises to restore the old pension scheme should be voted to power in the 2024 Lok Sabha polls
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Four years since its launch, the Rajasthan authorities have managed to enrol less than five per cent of its unorganised workers in the Pradhan Mantri Shram Yogi Maandhan Yojana
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However, the RBI clarified that the views expressed in the article are "those of the authors" and do not necessarily represent the views of the central bank
"When our government will come, we will implement the OPS scheme in the first cabinet meeting," he said